AUDUSD - short opportunity
Updated
Daily outlook, will see how the 4H reacts to daily price before entering.
The Aussie is weakening while the Greenback is strengthening, high probability trade in my opinion.
The Aussie is weakening while the Greenback is strengthening, high probability trade in my opinion.
Note
price is currently in a descending channel on the 4H chart, we might see it go up to 0.8040-0.8060 somewhere before going down again. we might need some more confirmation from this channel first.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.